Legal newspaper publisher Daily Journal Corp. reported Thursday that fourth quarter net income rose nearly 300 percent on increased public-notice advertising revenues.

The Los Angeles-based company, which publishes the California Lawyer and newspapers and Web sites for Los Angeles and other markets in California, Arizona and Nevada, reported quarterly net income of $3.12 million on revenues of $9.1 million.

Consolidated net income for the fiscal year ended Sept. 30 rose 118 percent to $5.3 million. Revenue was up 8 percent to $35.1 million. The public-notice revenue growth was partially offset by lower commercial advertising and circulation revenues

The traditional business segment saw its pretax profit rise by 22 percent to $1.31 million during the year. Sustain Technologies Inc., a 93 percent-owned subsidiary that supplies case management software systems and related products to courts and other justice agencies, reported its pretax loss dropped 66 percent to $1.05 million on increased consulting revenues.

Shares of Daily Journal were trading unchanged Thursday at $41.25 on the Nasdaq Capital Market.